U.S. Housing Market Updates
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Dar Global to Launch $1 Billion Development in Saudi Arabia with The Trump Organization
This is the second Trump-branded development in Saudi Arabia. Continue Reading Dar Global to Launch $1 Billion Development in Saudi Arabia with The Trump Organization
An Open Letter to America’s Real Estate Professionals: The Future of Homeownership Demands Our Leadership
Weekly Real Estate News’ publisher calls for a new emphasis on leadership in the real estate profession. Continue Reading An Open Letter to America’s Real Estate Professionals: The Future of Homeownership Demands Our Leadership
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Home Sale Profits Up Slightly During Q2
In pure dollar figures, the large metro areas with the highest typical profit on a home sale were all on the West Coast. Continue Reading Home Sale Profits Up Slightly During Q2
Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike
“We have a working group that is coming up with a lot of ideas,” said Mayor Johnson. Continue Reading Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike
Florida’s Single-Family Home Sales Up in June, Down for Q2
The statewide median sales price for single-family existing homes last month was $412,000, down 3.5% compared to June 2024. Continue Reading Florida’s Single-Family Home Sales Up in June, Down for Q2
California Records Mild Improvement in Housing Affordability
A minimum annual income of $208,400 was needed to qualify for the purchase of a $814,280 statewide median-priced, existing single-family home. Continue Reading California Records Mild Improvement in Housing Affordability
Anywhere, Keller Williams and RE/MAX Receive Court OK on Settlement Agreements
The companies noted the settlements are not an admission of wrongdoing or liability. Continue Reading Anywhere, Keller Williams and RE/MAX Receive Court OK on Settlement Agreements
Mortgage Rates Down for First Time in Five Weeks
The 30-year fixed-rate mortgage averaged 7.09% as of May 9. Continue Reading Mortgage Rates Down for First Time in Five Weeks
Guest Opinion: Housing’s Fundamental Role in Economic Inclusion
Historic barriers to quality affordable housing are among the root causes of persistent economic disparities. Continue Reading Guest Opinion: Housing’s Fundamental Role in Economic Inclusion
ATTOM: Fewer Residences Were Equity Rich During Q1
The portion of mortgaged homes that were seriously underwater inched up to 2.7%. Continue Reading ATTOM: Fewer Residences Were Equity Rich During Q1
Median Monthly Housing Costs at New Record High
Redfin reported the median sale price reached $384,721, up 4.5% for a new record high. Continue Reading Median Monthly Housing Costs at New Record High
Report: Bay Area Affordable Housing Development Falling Short of Target
“The need for affordable housing transcends jurisdictional boundaries,” said BAHFA Director Kate Hartley. Continue Reading Report: Bay Area Affordable Housing Development Falling Short of Target
Massachusetts Governor Proposes ‘Mansion Tax’ to Fund Affordable Housing Projects
The average Massachusetts home value is $612,509, up 8.7% over the past year. Continue Reading Massachusetts Governor Proposes ‘Mansion Tax’ to Fund Affordable Housing Projects
Las Vegas Home Sales Take a Sharp Upswing
Las Vegas Realtors dubbed 2023 as the slowest year for existing home sales since 2008 Continue Reading Las Vegas Home Sales Take a Sharp Upswing
Patriots Owner Robert Kraft Sells Apartment at NYC’s Plaza Hotel for $22.5 Million
Kraft bought the residence in 2007 for $14.47 million. Continue Reading Patriots Owner Robert Kraft Sells Apartment at NYC’s Plaza Hotel for $22.5 Million
